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IBIA contributes to IMO’s sulphur testing and verification framework

18/03/2019

Amendments to MARPOL Annex VI to help ensure consistent implementation of the global 0.50% sulphur cap, developed at the 6th meeting of the IMO’s Sub-Committee on Pollution Prevention and Response (PPR 6), will be sent for approval by the Marine

Another world first for Wärtsilä will deliver impressive fuel and emissions savings

15/03/2019

A benchmark installation of three energy storage systems by the technology group Wärtsilä onboard an offshore construction vessel features, for the first time ever, energy and load sharing capability. The system combines a diesel-electric configuration with batteries, and is designed

Maersk Tankers’ Bunker Adjustment methodology receives LR recognition

14/03/2019

Maersk Tankers uses the methodology Bunker Adjustment to distribute payments to pool partners based on the bunker consumption of their vessels compared to the pool average. The methodology has now been reviewed by Lloyd's Register, confirming its conformity to recognised

World Premiere: IKEA, CMA CGM and The GoodShipping Program join forces to test sustainable marine bio-fuel oil

13/03/2019

IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam have today announced they will cooperate in a first of its kind partnership to test and scale the use of sustainable marine bio-fuel oil. The

Tanker Market Faces Downward Pressure

11/03/2019

VLCC
Initial optimism of long east from the Middle East Gulf, fixing at close to WS 70 evaporated, with Unipec paying WS 65 to China. Going west, rates for 280,000mt to the US Gulf were again assessed at WS 32.5

Wärtsilä’s dual technology offering provides full fleet coverage of Eletson’s BWMS requirements

09/03/2019

The technology group Wärtsilä's dual technology option for Ballast Water Management Systems (BWMS) will enable Greece based operator Eletson Corporation to have its entire fleet retrofitted from a single provider. A total of 23 product oil, chemical, and LPG carriers

Will hydrogen fuel power the shift to a greater use of renewables?

08/03/2019

Yaskawa Environmental Energy/The Switch believes the global maritime industry is now on the threshold of a committed move towards renewable energy, with hydrogen as the potential acid test in the shift away from fossil fuels.

“Renewables and alternative fuels are attracting

More Shipowners Join CSA 2020 In Support Of Exhaust Gas Cleaning Systems

07/03/2019

Wallenius Wilhelmsen is the latest shipowner to join the Clean Shipping Alliance 2020 (CSA 2020), increasing the organisation’s membership to 35 shipowners operating a combined fleet of almost 2500 vessels.

Other companies to have recently joined the Alliance include Hammonia Reederei,

Shipping Heavyweight Orders World’s First Mega-Container Vessel Retrofit to LNG

07/03/2019

MAN Energy Solutions has signed a contract for the conversion of a 15,000 TEU container vessel to dual-fuel operation. The container vessel MV SAJIR is owned by Hapag-Lloyd, one of the world’s leading liner shipping companies, and normally serves a

New Fuel Emission Standards to Increase Freight Rates

06/03/2019

Seabury Maritime LLC, the global maritime and transportation investment & merchant banking and industry advisory firm, a division of Seabury Capital Group LLC, released a whitepaper, produced in cooperation with Gemini Shippers Group, providing insight and a general overview of

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